Citizen Armor
About this raise
Citizen Armor, with a pre-money valuation of $8.6 million, is raising funds on Mr. Crowd. The company manufactures and sells lightweight, flexible, and concealed personal protection products. The products of Citizen Armor are developed using a special formula called Nano-Protek and protect people against active shooters. Citizen Armor was founded by Aaron K Gilbert in May 2017. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $1,000,000, and the funds will be used for online marketing campaigns and recruitment of dealers and distributors. Citizen Armor already has many civilian products in the market and is in the R&D process to develop more. The company generated revenues of $0.36 million in 2017.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $287,969
- Monthly Burn
- $21,796
-
Runway
- 2.6 months
- Gross Margin
- 53%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
05/01/2020 | Mr. Crowd | $8,600,000 | $0 | Equity - Common | Not Funded | RegCF |